Reported about 13 hours ago
Kenya has terminated over $2.5 billion worth of agreements with the Adani Group after the company's founder was indicted in the U.S. for alleged bribery. President William Ruto announced the cancellation of a major airport deal and a public-private partnership for power transmission, citing concerns over transparency and integrity. The decision sparked applause from lawmakers, and while the Adani Group has denied the allegations and plans to seek legal recourse, experts suggest they may face difficulty in arbitration.
Source: YAHOO